Tải bản đầy đủ

Gen z in the out of home market in vietnam

Meet Generation Z
YOUR NEW GROWTH SEGMENT
IN THE OUT OF HOME MARKET


Content
Who are Gen Z?
PROFILE
CHARACTERISTICS

Gen Z in the Out of Home market
THEIR MARKET SHARE

THEIR CONSUMPTION BEHAVIOR

How to capture Gen Z
MOBILE MARKETING
GIVE THEM POSITIVE EXPERIENCES AND RECEIVE
BETTER REVIEWS
FACILITATE SHAREABLE MOMENTS
USE GEN Z AS SNACKING OCCASION FILLERS



Gen Z just entered the labor market
Gen Z:
People born between 2002 and 1994 (15 - 23 years old)

Gen Y:
People born between 1993 and 1981 (24 – 32 years old)

Gen X+:
People born before 1981 (33 years old and above)


The definitive
truth about
Gen Z that sets
it apart:

Born in a digital world with full
access to information
Digital vs. physical is a very
blurred line


…and its spending on food and
beverages is surprisingly high

mil
14.4
POPULATION

vnd
892,443
OUT OF HOME SPENDING
PER MONTH


Gen Z grew up in a generally healthy economy

Source: World Bank




We have been tracking
it carefully since 2015

Key findings:
• Digital native but physically awkward
• Mobile is a must
• Social media conscious

• Smart and in the know

Source: Decision Lab & OMD research, Sep 2015. Read the full report here:


Gen Z eating its
way into the
Out of Home pie


Gen Z is eating out more and more

Q3 2016 – Q2 2017

Q4 2016 – Q3 2017

181

197

ANNUAL VISITS PER CAPITA

ANNUAL VISITS PER CAPITA

n = 4,735

Source: Aggregate Foodservice Monitor data from Q2 2016 to Q3 2017

9%

n = 4,498


As a result, their contribution to the
market increased substantially

VISITS IN Q3 2016

VISITS IN Q3 2017

14%

19%

OUT OF TOTAL OOH - (91 MILLION VISITS)

OUT OF TOTAL OOH - (133 MILLION VISITS)

n = 4,735

Source: Aggregate Foodservice Monitor data from Q2 2016 to Q3 2017

n = 4,498


And its behavior is shaping the winners
and losers in the market
0.3%

0.2%

11%
Others
Gen Z

1%

17%
CONVENIENCE STORE

HOTEL

2%

0.5%

1%

BAR/CLUB

FINE DINING

30%

18%
FAST CASUAL

13%

20%
CANTEEN

24%

25%
QUICK SERVICE

19%

18%
STREET FOOD


64.3%

54.0%

GenZ

0.4%

Source: Aggregate Foodservice Monitor data from Q2 2016 to Q2 2017

1.1%

0.5%

3.8%

0.9%

Món nhậu

0.5%

0.5%

Italian

0.7%

0.5%

Burger

2.7%

0.6%

Chinese

0.9%

Korean

1.0%

Japanese

2.4%

Pizza

Bakery

Vietnamese

7.0%

4.4%

Chicken

13.4%

Others

n = 3314

The Gen Zs are
early adopters
of new foods
Shops specialize in Vietnamese and
Bakery are more popular amongst
Gen Z.
Gen Z also love to explore shops
with foreign specialization.


Their thirst is crunched by tea and milk while
leaving coffee and alcohol to the older generations
Servings in million

Servings per capita
20

10

9
4

5

6

7

6

5

6
4

2

3 3

2 2

GenZ

Others

Source: Aggregate Foodservice Monitor data from Q2 2016 to Q2 2017

Energy Drinks

Juice

Beer/Cider

Coffee

CSD

Milk

0

0 1
Alcohol

10

Drinking Yoghurt

10

13

Smoothies

15

16

15

Tea



n = 3,314


Indeed, this generation is accountable
for the boom in bubble tea!

GEN Z: SERVING RATE =

OTHERS: SERVING RATE =

6%

1%


While leaving coffee shops to suffer
COFFEE SHOPS

BUBBLE TEA SHOPS

VISITS IN Q2 2016

VISITS IN Q2 2017

6%

117%

OUT OF TOTAL OOH - (91 MILLION VISITS)

OUT OF TOTAL OOH -(133 MILLION VISITS)

Source: Aggregate Foodservice Monitor data from Q2 2016 to Q3 2017 (n=19,089)


If this is where the
growth is,
how can we tap into it?


Capture Gen
Z’s attention
on mobile

Give them
positive
experiences
and receive
better reviews

Facilitate
shareable
moments

Use Gen Z to
fill low traffic
day-parts


Capture Gen Z’s
attention on mobile


The mobile phone is
Gen Z’s lifeline


Mobile is the first choice when
interacting with brands
60%

%

50%
40%
30%

45 -54

20%

15 - 24

10%

Smartphone
Computer/ Laptop

0%

Tablet/ iPad

35 - 44

25 - 34

Q16. When it comes to researching information about brands / products that you want to buy, which of the following
devices do you use the most?

Source: The Four Cs of Mobile Marketing Report, Decision Lab, 2016


What they do online, they do
on their mobile
Activities done on mobile phone (%)
Listen to music

60%

Surfing web

52%

Search on the Internet

46%

Social media

40%

Message/ text someone

39%

9%

Play games

38%

13%

Watch video clips

33%

12%

Read news/ magazines

33%

11%

More than once per day

12%
10%
11%
12%

Once a day

Q22: How often do you do the following on your mobile phone itself? (n=710)
21


Push for authentic
online marketing &
ensure real life
positive consumer
experience
Why authentic marketing & positive consumer experience?

How to do this?


Besides being skeptical about the internet, Gen Z’s
tendency to shop around make them develop high
standards of evaluating F&B outlets


% of responses

Gen Z are more picky
about places they would
recommend, while other
generations are more
lenient.

% of visits – Q3 2017
50%
40%

40%
31%

30%

37%
32%

32%

28%
Gen Z
Others

20%
10%
0%
Detractors

Passive

Source: Aggregate Foodservice Monitor data from Q2 2016 to Q2 2017

Promoters
n = 3314


Be careful as they are always online
and communicating


Although Gen Z spend a lot of time online, they
don’t trust everything they see on the internet
% of responses
Parents

28%

72%

Experts’ advice

28%

72%

Siblings

34%

66%

Celebrity’s comment or testimonials

73%

27%

Comments or feedbacks on Facebook

83%

17%

Online reviews

87%

13%

Do not trust (%)

Source: Decision Lab & OMD research, Sep 2015

Trust

n = 710

Gen Z rather trust their
family members and
experts than online
reviews and social media.


Tài liệu bạn tìm kiếm đã sẵn sàng tải về

Tải bản đầy đủ ngay

×